KLA Corporation (KLA.DE) Q1 2026 Earnings Report

Key QQ1 2026 metrics and what they indicate:
- Revenue: $3.209696 billion; YoY +25.07%; QoQ +4.79%. Indicates sustained demand for process control and yield management in advancing nodes and packaging applications.
- Gross Profit: $1.966626 billion; Gross margin 61.27%; YoY +23.52%; QoQ +4.20%. Reflects favorable mix, pricing discipline, and efficiency in product/service mix.
- Operating Income: $1.337178 billion; Operating margin 41.66%; YoY +27.04%; QoQ +2.83%. Shows continued operating leverage as volumes grow.
- Net Income: $1.12104 billion; Net margin 34.93%; YoY +34.02%; QoQ +3.00%. Demonstrates strong profitability generation from core operations.
- EPS (diluted): $8.47; YoY +36.82%; QoQ +3.65%. Indicates accretive earnings growth with share count stable to modestly higher.
- EBITDA: $1.337178 billion; EBITDA margin ~41.66%. Reflects cash-generative earnings before financing/IFRS items.
- Cash flow: Net cash provided by operating activities $1.161591 billion; Free cash flow $1.065697 billion. Indicates substantial cash generation even after capex and shareholder returns.
- Balance sheet highlights: Total assets $16.3179 billion; Total liabilities $11.3329 billion; Stockholders’ equity $4.9851 billion. Long-term debt $5.8852 billion; Net debt approximately $3.9389 billion.
- Liquidity and capital allocation: Cash and short-term investments $4.6836 billion; Dividends paid $254.0 million; Shares repurchased $545.1 million. End cash balance $1.9462 billion; Net cash usage in financing activity $(0.882) billion; net change in cash $(0.133) billion. These figures illustrate a disciplined balance sheet with meaningful capital returns to shareholders while sustaining investment in growth and capability.